|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||21.11 - 21.11|
|52-week range||21.11 - 22.40|
|Beta (5Y monthly)||0.61|
|PE ratio (TTM)||4.86|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||16 Jun 2023|
|1y target est||N/A|
Mortgage arrears are piling up fast for Britain’s private landlords, having climbed 174pc over the past year.
Proxy adviser Glass Lewis backs a call by activist investor Elliott for a special investigation into a loan that German property company Deutsche Wohnen made to its top shareholder Vonovia. The recommendation, seen by Reuters, raises pressure on the board and supervisory board of Deutsche Wohnen before its shareholder meeting on June 15 after Institutional Shareholder Services (ISS) also supported the call on Tuesday. In 2021, Vonovia completed the takeover of rival Deutsche Wohnen to create a property group with more than 500,000 apartments.
Proxy adviser Institutional Shareholder Services (ISS) backs a call by activist investor Elliott for a special investigation into a loan that German property company Deutsche Wohnen made to its top shareholder Vonovia, it said on Tuesday. "While there is currently no clear and irrefutable evidence of wrongdoing by members of the management and supervisory boards in connection with the loan agreement, the conduct of the boards in the context of Vonovia's takeover raises legitimate concerns about potential conflicts of interest and breach of fiduciary responsibilities," ISS said in a research report.